Verizon Wireless is unloading a swath of spectrum on AT&T for $1.9 billion.
The spectrum, part of Verizon's 700MHz B block, which it isn't using itself, will likely be used by AT&T to further augment its 4G LTE deployment as it looks to strengthen and broaden its coverage. As part of the deal announced today, AT&T will give up a few wireless licenses covering select western markets.
The deal is part of Verizon's promise that it would make available its 700MHz B block spectrum. That promise was made to convince … Read more
Nokia is readying a flagship smartphone for Verizon Wireless, a new report claims.
Verizon is planning to carry the Lumia handset later this year, The Verge is reporting today, citing people who claim to have knowledge of the company's plans. That device, codenamed Laser, will "be a variant" of Nokia's Lumia 920, but it's not clear what sort of features the handset will have.
According to The Verge, Nokia's device will be put on the same playing field as Verizon's other flagship devices, including the iPhone.
Randall Stephenson, speaking during a conference call with analysts following AT&T's quarterly earnings report, said the shift to mobile in the U.S. over the past five years has been "impressive," and said those changes are likely to take place across the world. AT&T just needs to figure out how to take advantage of them.
"We have to ask if there are opportunities to participate in growth outside the U.S.,&… Read more
AT&T has looked at the idea of making consumers pay for their own smartphones in monthly installments, according to CEO Randall Stephenson.
The idea of handset financing runs counter to the current model of subsidizing phones at a lower initial price in exchange for a higher monthly bill. Under handset financing, consumers would pay an upfront fee for the phone, and then steadily pay off the phone's cost over the next few months.
In exchange, the consumer would presumably get a lower rate on their phone bill, and could conceivably leave whenever they want after paying off … Read more
AT&T posted a narrower fourth-quarter loss, which was again weighed down by a change in the valuation of its employee pension plan.
Reporting results today, the company, however, added 780,000 contract subscribers in the period, and sold a record 10.2 million smartphones, of which 8.6 million were iPhones.
AT&T posted a loss of $3.9 billion, or 68 cents a share, compared with a loss of $6.7 billion, or $1.12 a share, in the same period a year ago. Excluding the pension issues, an adjustment for the sale of its advertising … Read more
Some AT&T U-verse customers are still without TV, Internet, or phone service after a days-long outage that knocked out access for hundreds of users throughout several Southern states.
"The issue impacting some U-verse subscribers has been tracked back to a software upgrade," the company wrote on its Facebook page earlier this afternoon. "We continue to work to determine when service will be completely restored. Our continued apologies for the inconvenience."
The outage began on Monday and was confirmed by AT&T on Tuesday. Hundreds of users have complained of no service on the … Read more
The Lenovo Idea Tab A2107 is now available for purchase through AT&T for $99 with a two-year contract or $199.99 without a commitment.
The 7-inch tablet runs Android 4.0, has a 1,024x600 pixel resolution, 16GB of internal storage, 1GB of RAM, and 1.0 GHz Cortex-A9 SC CPU. The Idea Tab A2107 also has a microUSB port, a VGA front-facing camera, and a 3-megapixel rear-facing camera.
The AT&T version of the tablet operates on 3G or Wi-Fi, but Lenovo also offers a Wi-Fi-only model. The Wi-Fi-only option, now available in stores, differs in … Read more
AT&T is spending $780 million in cash to scoop up more wireless spectrum.
The company announced Tuesday that it is buying the U.S. retail wireless operations of a carrier called Atlantic Tele-Network or ATNI. As part of the deal, AT&T will acquire wireless spectrum licenses, network assets, retail stores and approximately 585,000 subscribers.
ATNI operates under the Alltel name in the U.S. Its network covers roughly 4.6 million in rural areas in six states including, Georgia, Idaho, Illinois, North Carolina, Ohio, and South Carolina.
The spectrum licenses that AT&T is … Read more